BSV Intel the signal, daily
Edition 196
Wednesday · September 16, 2026
BSV Network · 24 hours ending September 16, 09:23 UTC

Edition 196

Edited by Bridget Doran · Scanned 09:32 UTC, September 16 · Blocks 966,843 → 966,986 · 651,757 transactions
Largest move
$210K
13,131 BSV · whale tier
Avg block time
10.5min
near schedule
Throughput
7tx/s
peak 256 tx/s
BSV price
$15.99
▼ 3.8% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.5 min — on schedule relative to the 10-minute target.

8 min
Median interval
half the blocks faster
45
Fast blocks1
under 5 min
153,886 txs
Busiest block
block 966,897
Fast and slow blocks are an expected feature of Proof of Work, not a defect. Block timing follows a Poisson process (random spacing around a steady average), so clusters of fast or slow blocks happen even when hashrate is unchanged.
Block cadence · 144 blocks · 25.1h
Fast (<5 min) · 45 Normal · 79 Slow (>20 min) · 20
For the technical reader

Block timing. Mean interval 632.1 seconds (10.5 min) over 143 measured intervals across 144 blocks; median 480 seconds (8 min). Range 4 s to 3658 s (61.0 min).

Cadence. Average interval 10.5 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 966,897 at 153,886 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 4,526.

№ 02 Teranode Network

5 Teranode operators visible on the public network

At least 5 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.15.6 to v0.16.0-beta-11. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

5
Visible
announcing on mesh
2
Public relays
accept external tx
5
Caught up → tip
synced to latest block
Versions in use · 5 operators
v0.15.6 2 · v0.15.9-beta-2 2 · v0.16.0-beta-11 1
For the technical reader

Source: node_status messages on the public BSV gossip layer, observed by our own libp2p listener and deduplicated by peer ID. This counts the publicly-announcing set only — a node that does not broadcast status, or runs inside a private cluster, will not appear, so read it as a floor, not a full census.

“Caught up” means within one block of the chain tip (currently 966,994). Stalled or still-syncing nodes are excluded from that count. “Public relay” here means a node that publicly forwards gossip to the rest of the mesh; only two do, and both announce under the same operator label and share infrastructure, so the public mesh’s reachability appears to lean on a single operator.

№ 03 Mining Distribution

9 pools produced today's 144 blocks

CUVVE led at 18.1%. Distribution within normal range.

CUVVE 18.1%
taal.com 16.7%
qdlnk 13.2%
Kryptex 13.2%
Mining-Dutch 12.5%
SA100 11.8%
GorillaPool 8.3%
molepool.com 3.5%
Bitofsin 2.8%
For the technical reader

Pool identification is by coinbase signature; pools that don't sign or use unrecognized tags appear as untagged producers. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks attributed to a pool running the Teranode node software — based on observable signals in the block data, not a formal protocol marker. GorillaPool.io may also be running a Teranode (observed in the Teranode explorer); when blocks become attributable to that node, they would appear with the suffix as well.

Block counts: CUVVE 26, taal.com 24, qdlnk 19, Kryptex 19, Mining-Dutch 18, SA100 17, GorillaPool 12, molepool.com 5, Bitofsin 4. 144 of 144 blocks identified.

№ 04 Capital Flow

199 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$419,940 at today's price.

2
Major
> 10K BSV
~$159,900+
38
Notable
1K – 10K BSV
~$15,990 – 159,900
159
Significant
100 – 1K BSV
~$1,599 – 15,990
Top movements
13,131.49BSV
≈ $209,972 cbfb2b4b15…
1 → 3 Neutral
13,131.15BSV
≈ $209,967 200ec6ab15…
1 → 2 Neutral
2,125.74BSV
≈ $33,991 a125949d5f…
1 → 2 Neutral
2,074.29BSV
≈ $33,168 e7d0d5d2f7…
32 → 1 Consolidation
For the technical reader

Tier thresholds. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. Counts are unique transactions in the 24-hour window moving value within these bands; the 100-BSV floor excludes ordinary day-to-day payments.

Shape is input-count → output-count. Pattern is heuristic:

Neutral: typical payment shape (1→2 or 2→2, one payment + change).
Consolidation: many inputs, few outputs (UTXO cleanup or sweep).
Distribution: few inputs, many outputs (payouts, faucet, batch send).

№ 05 Address Intelligence

66 tracked addresses across 199 days

8 new addresses on the radar today. (what does this mean?)

New to the radar
1FpqhCWkawV5gHeWA2… 13,131 BSV First appearance
124UrvKeRbTe1tkUw9… 1,536 BSV First appearance
1FVyzaTMVPtWEqr81B… 1,517 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,985,894 BSV · 404 txs
Exchange-Like High 03-04 → 09-16
5,540,451 BSV · 179 txs
Exchange-Like High 03-02 → 09-16
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
17,398,084 BSV · 112 txs
Exchange-Like High 03-08 → 09-15
0 BSV · 111 txs
Accumulator High 03-08 → 09-15
How to read this

New to the radar flags addresses from today's top whale movements that have not appeared in any whale-tier transaction during the observation window. This could indicate a new large holder, a previously sub-threshold address crossing into whale territory, or a long-dormant address reactivating.

Recurring addresses are identified by tracking output scripts across all whale transactions (≥ 100 BSV) over the full 199-day observation window. An address appearing here has been involved in large-value movements on multiple separate days.

Behavior is based on whether an address predominantly receives (Accumulator), predominantly sends (Distributor), or does both in roughly equal measure (Exchange-Like).

Confidence reflects how many indicators align: transaction frequency, directional balance, and tier presence. High = 3+ indicators; Medium = 2; Low = 1.

All classifications are probabilistic. No identity or ownership claims are made. Addresses are derived from transaction output scripts.

№ 06 Throughput & Market
BSV / USD
$15.99
▼ 3.8% over 24h
Throughput, avg
7tx/s
peak 256 tx/s · 10-min window
Avg tx / block4,526
Max tx / block153,886
Total transactions651,757
10-min peak153,886
For the technical reader

TPS is computed over the 25.1 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (153,886 transactions, ≈ 256 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 07 Transaction Velocity

Activity by hour, across 27 hours

651,757 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

08111417202302050810:00:10:20:30:40:5008:00 UTC — 0 txs08:10 UTC — 427 txs08:20 UTC — 277 txs08:30 UTC — 464 txs08:40 UTC — 0 txs08:50 UTC — 0 txs09:00 UTC — 1,659 txs09:10 UTC — 100 txs09:20 UTC — 244 txs09:30 UTC — 439 txs09:40 UTC — 0 txs09:50 UTC — 922 txs10:00 UTC — 0 txs10:10 UTC — 515 txs10:20 UTC — 134 txs10:30 UTC — 0 txs10:40 UTC — 604 txs10:50 UTC — 231 txs11:00 UTC — 107 txs11:10 UTC — 455 txs11:20 UTC — 96 txs11:30 UTC — 28 txs11:40 UTC — 224 txs11:50 UTC — 0 txs12:00 UTC — 0 txs12:10 UTC — 997 txs12:20 UTC — 136 txs12:30 UTC — 0 txs12:40 UTC — 864 txs12:50 UTC — 278 txs13:00 UTC — 191 txs13:10 UTC — 423 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 0 txs13:50 UTC — 1,084 txs14:00 UTC — 0 txs14:10 UTC — 0 txs14:20 UTC — 0 txs14:30 UTC — 78 txs14:40 UTC — 21 txs14:50 UTC — 0 txs15:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 1,921 txs15:30 UTC — 195 txs15:40 UTC — 524 txs15:50 UTC — 175 txs16:00 UTC — 11 txs16:10 UTC — 258 txs16:20 UTC — 147,745 txs148k16:30 UTC — 76,106 txs76k16:40 UTC — 0 txs16:50 UTC — 151,320 txs151k17:00 UTC — 222 txs17:10 UTC — 0 txs17:20 UTC — 410 txs17:30 UTC — 473 txs17:40 UTC — 0 txs17:50 UTC — 153,886 txs154k18:00 UTC — 0 txs18:10 UTC — 28,343 txs18:20 UTC — 550 txs18:30 UTC — 23 txs18:40 UTC — 0 txs18:50 UTC — 41 txs19:00 UTC — 1,075 txs19:10 UTC — 154 txs19:20 UTC — 0 txs19:30 UTC — 838 txs19:40 UTC — 134 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 0 txs20:20 UTC — 742 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 724 txs21:00 UTC — 324 txs21:10 UTC — 62 txs21:20 UTC — 0 txs21:30 UTC — 50,347 txs21:40 UTC — 184 txs21:50 UTC — 191 txs22:00 UTC — 299 txs22:10 UTC — 26 txs22:20 UTC — 420 txs22:30 UTC — 186 txs22:40 UTC — 190 txs22:50 UTC — 0 txs23:00 UTC — 295 txs23:10 UTC — 0 txs23:20 UTC — 340 txs23:30 UTC — 0 txs23:40 UTC — 5,271 txs23:50 UTC — 20 txs00:00 UTC — 775 txs00:10 UTC — 499 txs00:20 UTC — 0 txs00:30 UTC — 0 txs00:40 UTC — 0 txs00:50 UTC — 561 txs01:00 UTC — 0 txs01:10 UTC — 230 txs01:20 UTC — 238 txs01:30 UTC — 0 txs01:40 UTC — 0 txs01:50 UTC — 455 txs02:00 UTC — 49 txs02:10 UTC — 229 txs02:20 UTC — 90 txs02:30 UTC — 106 txs02:40 UTC — 0 txs02:50 UTC — 258 txs03:00 UTC — 26 txs03:10 UTC — 0 txs03:20 UTC — 370 txs03:30 UTC — 60 txs03:40 UTC — 115 txs03:50 UTC — 103 txs04:00 UTC — 13 txs04:10 UTC — 0 txs04:20 UTC — 0 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 101 txs05:10 UTC — 595 txs05:20 UTC — 0 txs05:30 UTC — 165 txs05:40 UTC — 121 txs05:50 UTC — 0 txs06:00 UTC — 209 txs06:10 UTC — 88 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 0 txs06:50 UTC — 0 txs07:00 UTC — 1,161 txs07:10 UTC — 569 txs07:20 UTC — 112 txs07:30 UTC — 0 txs07:40 UTC — 25 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 831 txs08:20 UTC — 20 txs08:30 UTC — 273 txs08:40 UTC — 10 txs08:50 UTC — 3,098 txs09:00 UTC — 3 txs09:10 UTC — 3,382 txs09:20 UTC — 1,794 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txsActivity:High
Peak 10-min window: 153,886 txs Coverage: 144 blocks · 25.1h 09-15 08:17 UTC → 09-16 09:23 UTC
For the technical reader

Dark cells indicate 10-minute windows where no block was mined: a natural result of the Poisson process governing Proof of Work.2 Transactions broadcast during those windows appear in the next mined block.

Each row = one hour of the scan. Each column = a 10-minute bucket within that hour. Read left-to-right within a row, then down to the next hour.

Poisson process. A random event process where events occur independently at a stable average rate, but with unpredictable spacing. Block times have a 10-minute average but individual intervals scatter widely; that's not a bug, it's how the math works.
№ 08 On-chain Activity

1.4 million outputs, by purpose

The TxBlaster service produced 16.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 83.6% so other activity is readable.

A note on storage. OP_RETURN data is prunable: nodes can discard it without breaking consensus, but reading it back requires running an indexer. UTXO-resident patterns (STAS tokens, spendable metadata, ordinal envelopes) remain in the chain's state and are recoverable from any pruned node. As BSV scales, the architectural direction is toward UTXO-resident data, not OP_RETURN.
All transactions, by source
TxBlaster · 16.4%
83.6%
106,674 tx 545,083 tx · all other
Excluding TxBlaster3 · 1,213,578 outputs
Payment 51.8% 628,717
P2PKH 618,677 · P2PK 10,024 · Multisig 16
Data Publication 44.2% 536,086
OP_RETURN 535,683 · Ordinal envelopes 263 · Spendable metadata 140
Contracts & Tokens 4.02% 48,775
STAS Gen 3: 101 · Custom locking: 48,674 · 14 unique structures

Of 584,861 non-payment outputs in this window, 91.6% were prunable (OP_RETURN) and 8.4% were UTXO-resident. Pruning is permitted by consensus today but not generally practiced — the architectural advantage of UTXO-resident data materializes as throughput scales toward Teranode-class capacity.

Method · how non-payment outputs are embedded
OP_RETURN 535,683Spendable metadata 140Ordinal envelope 263STAS Gen 3 101Custom locking 48,674
TxBlaster is an identified, automated service that posts paired P2PK + OP_RETURN transactions continuously. We count it separately not because it's less legitimate (every fee-paid valid transaction is real chain activity), but because at 16% of transaction count today, it would visually overwhelm everything else. The numbers above show what the other activity looks like.
For the technical reader

Purpose classifies outputs by what they're locked to:

Payment: P2PKH, P2PK, multisig (spendable value).
Data Publication: OP_RETURN, ordinal envelopes, spendable metadata (carrying data).
Contracts: STAS tokens, custom locking scripts (programmable spend conditions).

Spendable metadata (heuristic): scripts with signature verification followed by data removed via OP_DROP. Metadata isn't consumed by validation logic but remains on-chain in the UTXO set.

Unique structures: a contract structure is a normalized script skeleton with variable data (hashes, signatures, pubkeys) removed. 14 unique structures observed today across 48,775 contract outputs.

№ 09 Protocols & Content

What people published, and how it was framed

Open standards used to format data on-chain, and the MIME types declared in those publications.

Protocol · open standards defining data format
Metanet4 4,611MAP 4,208AIP 2,662B:// 2,2351Sat-Ordinal 264BSV-21 112STAS 21
Metanet (the original). The 2018-2019 nChain protocol: a 4-byte "meta" push in OP_RETURN that defines a DAG of parent-txid-linked records. Not to be confused with the newer BRC-100 "Metanet" wallet/overlay ecosystem, which uses the same word for a different thing.
Content Type · MIME types in declared inscriptions
text/markdown 1,769text/plain 238application/bsv-20 112image/webp 109image/jpeg 106image/svg+xml 47application/json 43image/png 37
For the technical reader

Content Types are MIME declarations sourced from two structures: ordinal envelopes (1Sat-style spendable inscriptions) and B:// protocol OP_RETURN publications. Outputs that don't declare a MIME type aren't counted here.

application/bsv-20 covers both BSV-20 and BSV-21: both protocols declare "p":"bsv-20" in their JSON and most inscriptions inherit the legacy MIME type. Protocol differentiation happens via JSON fields (tick = BSV-20 ticker mode; sym/id = BSV-21 tickerless mode).

№ 10 Overlay Directory

151 SHIP endpoints · 141 SLAP endpoints

BRC-88 topic registrations announce who is hosting which overlay services on chain.

SHIP · intake side
151endpoints
across 88 topics
SLAP · query side
141endpoints
across 82 topics
Top topic managers · SHIP (of 88)
tm_template 18tm_plite 15tm_uhrp 12tm_users 11tm_identity 10
Top lookup services · SLAP (of 82)
ls_template 17ls_uhrp 11ls_identity 10ls_plite 10ls_users 9
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (25) · ls_slap (25)
For the technical reader

BRC-88 SHIP/SLAP. Topic registrations on chain that announce which overlay services a node hosts. SHIP is the intake side (which topics this node accepts); SLAP is the query side (which topics this node can answer for).

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic. topics = named overlay services like tm_uhrp or ls_ship.

Snapshot from 2026-09-16 11:15 UTC. Counts come from the four trackers hardcoded into the BSV SDK (overlay-us-1, overlay-eu-1, overlay-ap-1, users.bapp.dev). BSV apps query these to find which servers host the overlay topics they need.

№ 11 Identifiable Activity

Applications and tokens with recognizable fingerprints

Teragun led identifiable activity at 500,010 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 500,010AIRCHIVE 13,700mintBlue 3,538TreeChat 2,103Twetch 1,876Indelible 1,057dxs 689OYO 2303D Ordi 132MNEE 86BSV Feed/View 44BSV Live Master 25memo.cash 13
Application Token Media / NFT
For the technical reader

Patterns are matched against a curated catalog of known protocols and application signatures: MAP tags, B:// envelopes, AIP, OPUB, ordinal mime declarations, custom STAS structures. Some come from WoC tags; others are identified through analysis. New patterns are added editorially as they emerge.

Counts are unique transactions touching each application's recognizable structures. A transaction can match more than one pattern.

№ 12 Script of the Day

Standard Payment (P2PKH)

P2PKH · selected from 618,677 candidates

Standard Payment (P2PKH) with a 25-byte payload

What it does. This script locks coins to a hash (fingerprint) of a public key. To spend them, the spender must reveal the public key and provide a valid signature proving they control the matching private key.

Why it matters. This template forms the standard payment mechanism in the original Bitcoin design and is widely used by wallets.

TX ad3540b33e… Block 966,843 25 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_DUP OP_HASH160 302e743ec01e5816328d4428b1754ad24112fb79 OP_EQUALVERIFY OP_CHECKSIG
Skeleton
OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIG
For the technical reader

Selection is editorial: one script per day from a curated category (Data Carrier, Token Mint, Complex Contract, Hash Puzzle, etc.). Candidate count shows how many similar scripts appeared in the same window.

The script preview above is the actual on-chain ASM (truncated for display); the skeleton normalizes pushes to <DATA> for pattern comparison across transactions. Opcodes shown are the unique ones present in the script, not the sequence order.

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